Case Studies > Building B2B networking platform in record time and saving 50% on resource costs

Building B2B networking platform in record time and saving 50% on resource costs

Company Size
11-200
Region
  • America
Country
  • United States
Product
  • WaveMaker RAD
Tech Stack
  • Rapid Application Development
  • RESTful web services
  • JavaScript
  • AWS
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Cost Savings
  • Digital Expertise
  • Productivity Improvements
Technology Category
  • Application Infrastructure & Middleware - API Integration & Management
  • Application Infrastructure & Middleware - Data Exchange & Integration
  • Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
  • Professional Service
  • Software
Applicable Functions
  • Business Operation
  • Product Research & Development
Use Cases
  • Rapid Prototyping
Services
  • Cloud Planning, Design & Implementation Services
  • Software Design & Engineering Services
  • System Integration
About The Customer
SourceRFX is an Open Business Networking platform for Industrial Sourcing and Marketing. The B2B platform enables industrial buyers and suppliers to discover, connect, collaborate, communicate with each other and facilitates to make business deals online by streamlining the quotation (RFQ) and proposal (RFP) process. As a startup, SourceRFX was looking for a way to quickly and efficiently develop a user-friendly and scalable business application, starting with a Minimum Viable Product (MVP). They needed a solution that would allow them to bypass the formal UX/UI development process and quickly deliver features from concept to finish.
The Challenge
Being a startup, SourceRFX needed a faster and easier way to develop user friendly and scalable business application starting with an MVP. SourceRFX did not have the luxury of going through formal UX/UI development process to create wireframes, mockups etc. Nor did it have dedicated developers for frontend, backend developers supported by business/system analysts. Moreover, being a startup time is of essence and needed a way to deliver features faster from the concept to finish. They knew having the right Rapid Application Development platform is the key for their success. As part of the discovery, they considered multiple options ranging from pure UI development frameworks to backend frameworks that could help but not many options when it comes to be being able to do end to end.
The Solution
While reviewing various options, SourceRFX discovered the WaveMaker RAD platform which promised to help with end to end development using no proprietary technologies. The team zeroed in on WaveMaker RAD to develop the Minimum Viable Product (MVP), which they completed in 3 months. They decided to fully adopt the platform after a successful MVP and continued to build all the modules using WaveMaker RAD. Key benefits that the SourceRFX team experienced include: WaveMaker RAD is completely cloud-based with nothing to install, allowing the team to simply launch WaveMaker in a browser and start working on their project. Rapid UI development using the visual design studio by drag and dropping UI widgets, prefabs, and setting the properties, styles, and actions. The ability to write and run complex SQL queries and automatically create a RESTful web service with parameters. Easy linking of UI layout and services by configuring the required data bindings. The ability to chain multiple events based on actions with custom JavaScript when needed. Previewing the entire functionality with a click of a button and viewing server and application logs. Deploying into the demo environment and then into the production environment (AWS) with just a couple of clicks. Inbuilt version tracking ability, allowing the team to view code changes, do merges, and upload the project to GitHub cloud in one click. Excellent online support team readily available through chat, providing resolutions within the same day.
Operational Impact
  • SourceRFX has been using the WaveMaker platform to build all new modules and features for over two years now, with just 3 to 4 developers, which otherwise could have needed a team of at least 10 resources.
  • The structure, modularity, and maintainability of the entire application and code reuse, especially using 'partial pages', were significant indirect benefits.
  • The development team was able to quickly learn the platform and start being productive within the first week itself, while consolidating the knowledge over the period by interacting with the support team as and when needed.
  • SourceRFX successfully launched their B2B portal in less than one year with a lot more functionality than what they planned for.
Quantitative Benefit
  • Saved 50% on resource costs.
  • Completed the MVP in 3 months.
  • Launched the B2B portal in less than one year.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that IoT ONE may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from IoT ONE.
Submit

Thank you for your message!
We will contact you soon.